LT COMPENSATION – compulsory purchase – acquisition of former industrial premises – claim for loss of development value – valuation – planning permission in no-scheme world – whether planning permission that would have been granted in no-scheme world to be assumed or whether claimant confined to hope value – method of valuation – residual basis adopted in absence of adequate comparables – compensation determined at pounds 608,000.
Citations:
[2007] EWLands ACQ – 41 – 2005
Links:
Jurisdiction:
England and Wales
Cited by:
Appeal From – Transport for London v Spirerose Ltd (In Administration) CA 13-Nov-2008
The parties disputed the compensation to be awarded on the compulsory acquisition of land and in particular as to whether ‘the site should be valued on the basis (a) (as the tribunal held) of its full value with planning permission for a mixed use . .
At LT – Transport for London (London Underground Ltd) v Spirerose Ltd HL 30-Jul-2009
Compulsory Purchase Compensation – Land As it Is
The House considered the basis of calculation of compensation on the compulsory purchase of land without planning permission, but where permission would probably be granted. The appellant challenged the decision which had treated the probability as . .
Lists of cited by and citing cases may be incomplete.
Land
Updated: 24 July 2022; Ref: scu.262243